Binance BTCUSDT 1h Trend Prediction

The current BTCUSDT price is 106853, slightly above the middle band of the Bollinger Bands, exhibiting minor oscillation. There are no strong breakout or collapse signals observed in the short term. The Bollinger Bands' upper and lower bands are not significantly widening, indicating that the price is mainly moving within the range. From a technical perspective, the MACD is in a stage of gradual contraction of the green histogram, with dif and dea still negative, not forming a new bullish signal, suggesting the market is biased towards weak sideways oscillation. The short-to-medium-term RSI indicators (6, 14, 24) have not exceeded high levels, indicating recent funds have not shown strong inflows. The battle between bulls and bears has some advantage but is not pronounced. The KDJ indicator overall remains weak, with crossovers (golden and death crosses) interlaced, not providing clear guidance for a one-sided trend. It is expected that the price will repeatedly oscillate within the current range. Trading volume and amplitude are normal, with active buy and sell orders tending toward balance. The funding rate is negative, indicating slightly more pressure on the bulls. The main forces are attempting to control the market but with limited strength. Overall, large traders' positions are somewhat bullish but lack significant advantage. Short-term funds are in a tug-of-war. Key support and resistance levels are distant. In the next hour, the price is likely to remain within the 106200-107300 range with oscillations, provided there are no sudden policy announcements or capital inflows. It is advisable to remain cautious and observe; only consider entering positions if the price effectively breaks out of the current range. Pay attention to the short-term support at 106200 and local resistance at 107300. After breakout, follow the trend; it is not recommended to chase prices within the oscillation zone. This strategy is highly influenced by volatility surges and news events. It is recommended to flexibly adjust stop-loss and take-profit levels to avoid losses from abrupt market movements.